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20131202
20131210
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FBC 12
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FOX Business
Dec 3, 2013 11:00am EST
to that in the next hour of markets now. connell: they to it. a lot of news. dagen: motor city, auto sales. connell: first to nicole petallides on the floor of the stock exchange looking at today's markets. nicole: good morning. good morning, everybody. right now all we mayybe clocking in some losses for the third day in a row for the dow and the s&p and we haven't seen that since september. dow jones industrials down 66 points at 15,932 and nasdaq down sitting at 1797, friday is jobs friday, watching for that. also a close eye on dow chemical which jumped to little bit yesterday on this news, pulling back now, trying to spin off part of their business so we have seen this moving back and forth, gains going back today. connell: breaking news in a detroit courtroom where a federal judge is ruling whether or not the city can continue with its bankruptcy filing. dagen: a win for the city? jeff flock live from detroit with the latest. jeff: it is accused ruling. for the first time ever a federal judge has ruled in detroit std may cut, diminish the pensions of municipal workers in bankruptcy, first time
FOX Business
Dec 4, 2013 11:00am EST
favor of bankruptcy, the next question becomes what happens to the city retirees clinging to those benefits? and the president is pushing this hour for a higher minimum wage. the congressman to talk about that. by your gifts online, paying tax, others don't, supreme court doesn't want to get in the middle of it. judge andrew napolitano has no problem getting in the middle of that. and then, consolidating your wallet into just one card. the high-tech idea could be the way we shop in the future. it is all coming up along with dagen mcdowell on "markets now." dagen: giddyup. changing out of the shirt you had done earlier and now you look more businesslike. connell: i will take that as a complement on both sides. i have no other choice but to check the market and talk to the judge. dagen: we have to hit your slender. we have gains on the market right now despite the better-than-expected numbers from adp, nicole petallides at the new york stock exchange. nicole: you mentioned adp, which was better. we also got new hom home sales numbers better than expected, we are seeing the market wit
FOX Business
Dec 3, 2013 1:00pm EST
the road all over the country saying he sensually if you have a pension and a municipal worker in your city declares bankruptcy it is not necessarily protect. kevin is the emergency manager who got everything he wanted in this judge's ruling but very somber when he came out to talk to reporters. >> we were very pleased, we remain very concerned about the need to improve the level of services for citizens and also prepare for the city to exit this receivership in a fashion that restores democracy. to the city. >> that is what a lot of people are concerned about, the democracy being restored. look at the pictures on the streets of the city, as soon as the ruling came trickling out people upset about it, specifically pensioners, retirees, union members, their attorney who represents them talked just after the ruling was shellshocked. >> this is a scary day because what the judge has done is set a state constitution specifically and expressly protects vested pension benefits can be taken away in bankruptcy and that is very scary. >> sharon levine asks me as you point out, it is a huge ruling an
FOX Business
Dec 5, 2013 1:00pm EST
, five in rapid city, ala of areas across montana be the zero, 45 in dallas. won't above that for the next five days. the cold is here for a while. would get your wind chill. -28 and-9 in omaha, look at the rate picture, this is where the precipitation is going to be the next couple days, stuck right here, we continue to see impulses move across and bring freezing rain, rain and snow, to the north is snow, to the south is rain and there is an area in tennessee through areas like little rock and much of arkansas and dallas so at least half an inch of ice accumulating on the roads, the trees, the power line, widespread power outage event and potentially a lot of dangerous conditions on the roads, a lot of leaves on the trees, you will see those with the freezing rain, a very significant one. cheryl: thank you very much. adam: nicole petallides is there looking at different retailers with one thing in common. nicole: both of these are hitting all-time highs but $1 won't get you too far at tiffany's. dollar general came out with their numbers and this is every retailer's drea
FOX Business
Dec 5, 2013 11:00am EST
tmaceatening, pushing up energy prices and using instagram to gauge how happy an entire city is. the top five happiest cities in the nation according to one survey, two cities from the same state. the you live there? Ò i o you f l good? so much more coming up on this hour of maumets now. ♪ connell: i wasn't even there. dagen: no indication. Ò i ogs are supposed to make you happy. food and dogs. dennis: christmas season, the tree over there. dagen: holiday tree. connell: i know. iatollowing up. to start it off at the top of the hour at the stock exchange. nicole: good morning. things are looking down again. the dow and the s&p down four days in our row. we will s what hstapens between now and then, right now, down 56 points, thousand eight thirty-three. and the nasdaq composite down 9 points, a quarter of 1%. the big picture is everybody is moving to the fed. the fed keeper as soon as this month, there is a m ting this month and with economic news, better cdc dropped o begin tapering. the s&p 500, apple a new high, can't leave that out. Ò i appen: thank you. connell: the movement demandi
FOX Business
Dec 6, 2013 1:00pm EST
angeles is ramping up the mortgage fight taking citigroup and wells fargo to court. the city alleges the banks engaged in mortgage discrimination that led to a high number of foreclosures in minority communities. they initially mixed mortgages in minority neighborhoods. but targeted the same people for predatory loans. the news today not affecting the stock. again, we are sitting near the accession highs for the market. adam: winter weather hitting people in the southwest to the northeast. i look at where the ice storm is heading. cheryl: the man-made weather . china facing record smog levels. forcing planes to stay on the ground. adam: and buying holiday gifts. the online home furnishing retailer watching record sales on cyber monday this year. we will talk to the company's ceo in the latest installment of "your wish list." every day we're working be an even better company - and to keep our commitments. and we've made a big commitment to americ bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than another place in the world. in f
FOX Business
Dec 4, 2013 1:00pm EST
to be learned from other cities that face a similar fate? it has been a year since rhode island emerged from bankruptcy. the state allowed bondholders to be elevated to a privileged status over pensioners. our next guest at the bargaining table. lead counsel for the central falls, rhode island receiver. the bottom line is what happened in central falls is it is a different deal that would happen with michigan. at the end of the day the pensioners in central falls took a 55% cut. did they negotiate that, or was that more because they wouldn't negotiate this is what the receiver decided was going to happen? >> it was not a 55% cut for all committed up to 55%. adam: it was those youngest sitting the cut. >> unlike in detroit where there was a court ruling on whether or not retiree pensions could be cut, ours was done through negotiation. early in the case when the case was filed we immediately went into negotiations with the retirees. the retirees had very good counsel understood the court would rule as the detroit court ruled here. and as a result we negotiated an agreement under which they to
FOX Business
Dec 6, 2013 11:00am EST
your face to keep your precious data secured. and a $10 billion floating city, the nation all of its own. why in the heck would you want to get on one of those things if you would not even want to get on a cruise ship. a man who want to make this a reality. that and so much more coming up on this hour of "markets now." ♪ i need mcshane hereto agree with me on the cruise ship thing because it is like one big nightmare of a cruise ship. good morning, everybody. stocks finally good news on the economy means good news for stocks. nicole is on the floor of the new york stock exchange to explain it all. nicole: we are seeing something have not seen in some time, some big gains, green arrows. triple digit gains in the dow jones industrial. we have not had an up day where at the closing bell we had i anp arrow for the dow. since before thanksgiving, since last wednesday. it is welcome especially for the bulls, but for right now it looks like we will be snapping our winning streak we have seen. up 8 of the last straight weeks, but last friday the dow closed 16,086, so some way to go with th
FOX Business
Dec 2, 2013 1:00pm EST
messengers. there were all over new york city for a minute. it did not work, because a simple you do have to make money, particularly as a startup. hall. adam: marking amazon drones. after the announcement, the twitter account amazon drowns. and these us some of the best. just wait. one day you will be stuck on the john with the tepee in sight. who were you going to call? drawn to the rescue. forget your girlfriends birthday? i got your back. thirty minutes a less. want to show someone how much you hate them? send me to their house with a nickel back cd. drone revenge. lori: what a tough crowd. let's get to the latest on the obamacare rollout. the obama administration, the troubled health care website a vastly improved since the disastrous rollout back in october. so much so that it appears that the website may have reached its maximum capacity. now, the former head of the massachusetts health exchange. great to have you back on the show. welcome. >> thank you. nice to be here. lori: health and human services is saying that they are running 90% of the time. does that mean anyone can log o
FOX Business
Dec 2, 2013 11:00am EST
in new york city that killed four and injured more than 60. national transportation safety board space to conduct interviews today or tomorrow with the engineer and the conductor. readers of the house and senate intelligence committee said the terrorism threat against the united states is increasing and americans are not as safe as they were a year or two ago. diane feinstein said there are more terrorist groups than ever and mike rogers says that is putting more pressure on u.s. intelligence services. and lawyers for lindsay lohan reportedly are building a lawsuit against the lawmakers of the makers of the "grand theft auto: v" videogame. tmz is reporting actress believes her license was used without her permission. unclear o the image was intended to be the actress. those are your news headlines on the fox business network. now back to dagen and connell. poor lindsay. dagen: somebody with no acting career and too many lawyers on their hands. you have some money on your hands? charles payne following up on last week's recommendation of ebay. connell: all over this one. charles: we tal
FOX Business
Dec 9, 2013 11:00am EST
to change the subject as much as possible. laws and the city are taking care of very important response abilities here until they've been pigmentation problems can get worked out. in one sense it helped. but also similar reason driving is as both parties are trying to kick this out for two more years to have an election and decide how these issues get resolved. accommodation suggests they will get a deal in the next couple of days. dagen: this is if you have described it to use your words some low hanging fruit. how does this deal come together and what are the chances it does? >> i think it is slightly better than 50% chance it is going to get done. remember, the two chairs negotiating the steel are not here to tell us what they want to get done, they feel confident they will get something done. the issue here is last-minute demands. the republicans think they need some level of entitlement changes to get the rank-and-file members, thre slayer pushing han this changes to hospital spending for medicaid. the democrats pushing for more spending on unemployment insurance possibly inclusion
FOX Business
Dec 9, 2013 1:00pm EST
rail, including between newark liberty airport and new york city. the first cold weather outdoor super bowl will be on february 2nd at metlife stadium. that is the latest from fox biz, giving you the power to prosper. adam: last week we brought you the story of one wall street analyst who says president obama may resign before next year's midterm election. that analyst joins us now for an interview with senior correspondent charlie gasparino to explain why he is making such an extreme claim. charlie? >> ken, thanks for joining us. did i get your name right? >> sure, thank you, charlie, for having me on. >> thanks, anytime. can you explain, before we get into the propriety of making a call like this, can you explain your methodology a little bit? listen, you have some interesting commentary out there after fox business exclusively reported what you were, your claim, i believe that you give president obama, because of the sort of problems with obamacare, a 10% chance of resigning before the midterm elections. explain your call and explain your methodology a little bit. >> absolutely. rea
Search Results 0 to 11 of about 12